Sorry—plastic or mobile payments only. This is a merchant checkout counter-reply that a U.S. consumer rarely hears. As the following Bankrate article reports, there are two passionate sides to the issue of whether retailers should go cashless.
We live in an age where conveniences count for a lot in the lives of most. And increasingly we’ve grown accustomed to paying for conveniences. Twenty-five years ago, when ATM surcharging began, I was aghast. No one, least of all
47% of consumers prefer to receive cash vs. prepaid cards as gifts 17% prefer a general purpose gift card 13% prefer a retailer-specific gift card BUT 1 in 4 consumers have no preference – a selling opportunity for issuers